Title: Clot Management Devices Market size to grow at over 4% CAGR from 2016 to 2024
1Clot Management Devices Market Global Industry
Analysis Report, Share, Size, Growth, Price
Trends and Forecast, 2016 2024 Global Market
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2Regional Analysis of Clot Management Devices
Market
- U.S. held largest regional share owing to factors
such as rising prevalence of cardiovascular and
peripheral diseases, growing geriatric population
and presence of well-developed reimbursement
framework. - Additionally, lifestyle changes associated with
lack of physical activity and increasing intake
of alcohol and smoking should reinforce industry
growth. - Asia Pacific will be the fastest growing region
with highest CAGR over the forecast period. - China and India should contribute to industry
growth due to increasing prevalence of diabetes,
obesity, and several other cardiovascular
diseases, growing disposable income in these
countries, introduction of technologically
advanced products and rapid improvement in
healthcare infrastructure.
3Application Analysis of Clot Management Devices
Market
- Growing awareness towards novel methods for clot
management and increasing demand for effective
thrombectomy devices is anticipated to boost clot
management devices market size. - High blood pressure, smoking, cholesterol, lack
of physical activity, and changing lifestyle, are
some of the foremost factors leading to stroke.
Increasing prevalence of cardiovascular disorders
such as peripheral arterial diseases, stroke,
venous thromboembolism, and coronary heart
diseases along with growing geriatric population,
should fuel clot management devices market
growth. - Rapid technological advancements and launch of
innovative next generation thrombectomy devices
such as Penumbras AC68 Reperfusion Catheter will
stimulate clot management devices market growth.
4Competitive Market Share of Clot Management
Devices Market
- Key industry players include Boston Scientific
Corporation, Teleflex, Medtronic Plc, iVascular,
Vascular Solutions, LeMaitre Vascular, Edwards
Lifesciences and Straub Medical. - Technologically advanced products, investments in
RD, and compliance with the regulatory bodies
are constantly driving the introduction of new
clot management devices. - The enormous costs of new product development,
clinical trials, and marketing activities should
serve as entry barriers for new industry entrants.
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